MaryK4
Expert Alumni

Get your taxes done using TurboTax

You can enter in TurboTax as an Investment Sale and indicate as Worthless Stock.  Follow these steps:

 

Go to Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto)

1. Let's import your tax info

              Enter a different Way

2. OK, let's start with one investment type 

              Other then Continue

3. Tell us more about this sale

              Worthless Stock then Continue

4. Now, enter one sale for WORTHLESS STOCK

              Enter the information noting:

              Date Saold or disposed 12/31/2024

              Proceeds zero (0)

              Then Conitnue

5. Let us know if any of these situations apply to this sale             

              This was a worthless security

              Then Continue

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